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Dime Community Bank pays $11K flood insurance penalty

Hauppauge, NY
08/11/2021
Fine Amount: 
$11,000
Issued by: 

DIME COMMUNITY BANK, a state member bank located in Hauppauge, New York, has been issued a consent order of assessment of a $11,000 civil money penalty by the Board of Governors of the Federal Reserve System in connection with the bank's pattern or practice of unspecified violations of Federal Reserve Board Regulation H, 12 CFR § 208.25, which implements the requirements of the National Flood Insurance Act.

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